SKALE Network (SKL) Achieves Self Reported Market Cap of $229.56 Million

SKALE Network (SKL) traded 1% lower against the US dollar during the twenty-four hour period ending at 8:00 AM E.T. on January 25th. SKALE Network has a market capitalization of $229.56 million and approximately $30.16 million worth of SKALE Network was traded on exchanges in the last 24 hours. One SKALE Network token can currently be bought for $0.0414 or 0.00000040 BTC on popular cryptocurrency exchanges. In the last seven days, SKALE Network has traded down 13.1% against the US dollar.

Here’s how related cryptocurrencies have performed in the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded down 0.7% against the dollar and now trades at $104,374.07 or 0.99639783 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.6% lower against the dollar and now trades at $103,843.16 or 0.99132956 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

SKALE Network Profile

SKALE Network’s genesis date was August 17th, 2020. SKALE Network’s total supply is 6,056,750,000 tokens and its circulating supply is 5,538,894,337 tokens. The Reddit community for SKALE Network is https://reddit.com/r/skalenetwork and the currency’s Github account can be viewed here. SKALE Network’s official message board is skale.space/blog/?utm_medium=website&utm_source=coinmarketcap&utm_campaign=skalepage. SKALE Network’s official Twitter account is @skalenetwork. The official website for SKALE Network is skale.space/?utm_medium=website&utm_source=coinmarketcap&utm_campaign=skalepage.

According to CryptoCompare, “SKALE Network (SKL) is a blockchain platform for scalable and secure decentralized applications (dApps). Created by a team of entrepreneurs, it offers a high-performance sidechain infrastructure for gaming, DeFi, NFTs, and more. SKL tokens are used for staking, transaction fees, and network governance, securing and governing the network.”

Buying and Selling SKALE Network

It is usually not possible to purchase alternative cryptocurrencies such as SKALE Network directly using U.S. dollars. Investors seeking to trade SKALE Network should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase SKALE Network using one of the aforementioned exchanges.

SKL/USD price chart by TradingView